Question
Which of the following ratio is useful in evaluating
credit and collection policies?Solution
The average collection period is used as an accounting measure to symbolize the avg. No. of days among a credit score sale date and the date whilst the customer remits payment. An entity’s average collection period indicates the effectiveness of its Accounts Receivable (or Trade Receivables) Management.
‘What cannot be done directly cannot be done indirectly.’ This doctrine relates to
According to Section 35(1) of the Code on Wages, how should direct tax payable by the employer be calculated for the purposes of this Code?
Waging war against the government is punishable at the following stages___________.
Sedition is an offence if anyone expresses disaffection towards the Government established by law in India by way of-
Who can be appointed as the President of the NCLT?
When the original document is a public document:
There exists a presumption as to old documents which are _________
Which section of the Indian Evidence Act, 1872 defines Public documents?
Amit agrees to supply milk daily to Kailash, while Kailash agrees to pay the price of milk every month. Both these are ________________ reciprocal prom...
According to Section 36 of the Code on Wages, 2019, what happens if, for anyaccounting year, the allocable surplus exceeds the amount of maximum bonus ...
